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FTSE 350 companies report pension surpluses as schemes emerge from the red in 2021

A total of 62% of FTSE 350 defined benefit scheme sponsors with a 31 December year-end recorded a pension surplus at the end of 2021, up from 39% a year… The post FTSE 350 companies report pension surpluses as schemes emerge from the red in 2021 appeared first on London Business News | Londonlovesbusiness.com.

Ambulance trust faces a ‘titanic moment’ and could collapse this summer as papers warn of an England-wide ‘catastrophic situation’

Committee papers are warning of an England wide “catastrophic situation” as a struggling ambulance trust is facing collapse. Mark Docherty, of West Midlands Ambulance Service warned that the trust is… The post Ambulance trust faces a ‘titanic moment’ and could collapse this summer as papers warn of an England-wide ‘catastrophic situation’ appeared first on London…

The price of petrol has now reached ‘another unfortunate landmark’ which is ‘contributing to the cost-of-living crisis’

Data firm Experian Catalist said the average price of a litre of petrol was 170.4p on Tuesday and diesel reached a high of 181.4p per litre. The price of petrol… The post The price of petrol has now reached ‘another unfortunate landmark’ which is ‘contributing to the cost-of-living crisis’ appeared first on London Business News…

NatWest launches debit card for kids

Ahead of the half term holiday, NatWest has announced the integration of Rooster Money into the NatWest family of youth products as it rebrands the offering as NatWest Rooster Money.… The post NatWest launches debit card for kids appeared first on London Business News | Londonlovesbusiness.com.

Energy Price Cap: Further rises will make the cost of living crisis a catastrophe, GMB warns

GMB Union has warned that if the energy price cap rises to £2,800 as predicted on Tuesday by Ofgem chief, then it will turn a cost of living crisis into… The post Energy Price Cap: Further rises will make the cost of living crisis a catastrophe, GMB warns appeared first on London Business News |…

Nearly a quarter of young people forced to take on an additional job to make ends meet

Whilst the Government proudly talks about the current low level of unemployment, a survey by KIS Finance has found that over 22% of those aged 18 to 35 have been… The post Nearly a quarter of young people forced to take on an additional job to make ends meet appeared first on London Business News…

Sage delivers deeper subscription billing for customers in newest release

Sage, a leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses have announced the availability of Sage Intacct 2022 Release 2. Building on its leading subscription… The post Sage delivers deeper subscription billing for customers in newest release appeared first on London Business News | Londonlovesbusiness.com.

Three-quarters of over 65s bought their car outright without using finance

Three-quarters (75%) of over 65s bought their car outright without using finance, compared to 68% of 55 – 64s, 56% of 35 – 54s and under half (46%) of under… The post Three-quarters of over 65s bought their car outright without using finance appeared first on London Business News | Londonlovesbusiness.com.

Tax receipts increase by 20% which should give the Chancellor the headroom he needs to help with the cost-of-living crisis

Government tax receipts have increased by 20% which should give the Chancellor, Rishi Sunak, the headroom he needs to help with the cost-of-living crisis and hold an emergency budget at… The post Tax receipts increase by 20% which should give the Chancellor the headroom he needs to help with the cost-of-living crisis appeared first on…

Divers face ‘more financial frustration’ as petrol and diesel prices continue to hit record highs

The Department for Business, Energy and Industrial Strategy (BEIS) has warned on Tuesday that the average price of a litre of petrol at UK forecourts was 167.7p on Monday, which… The post Divers face ‘more financial frustration’ as petrol and diesel prices continue to hit record highs appeared first on London Business News | Londonlovesbusiness.com.

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